Brazil: Petrobras Receives Bids for 21 Offshore Drilling Rigs

Petrobras received this week, the bid proposals for the hiring of services and chartering of 21 offshore drilling rigs to be built in Brazil. The units will be used in the Company’s exploration and production development activities.

Petrobras is currently analyzing the documents submitted by Ocean Rig do Brasil Ltda. and Sete Brasil Participações S.A. as per the terms and conditions set forth under the bidding rules.

Source:Petrobras , October 6, 2011